It closed at 661 above pivot 657 due to a late day rally. However, all other signs point to no buying yet. Although AA earnings may help a bit tomorrow, but today could be a one-day wonder. Selling sentiment did not come down much and buying sentiment is zilch in comparison. A big short squeeze and we need more buying sentiment if the rally is to be sustained. Perhaps a few more days of volatility. Tomorrow's numbers are 666, 657 and 652.
2c
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